So what’s the deal with NAFTA and TPP

There have been a lot of talk regarding NAFTA and TPP but it doesn’t seem that there has been a lot of understanding of what either actually is. Donald Trump, in particular, doesn’t seem to understand the basic concepts behind either.    So let’s talk about both a little.

NAFTA stands for the North American Free Trade Agreement.  It was a long negotiated agreement between the United States, Mexico,  and Canada to loosen tariffs between the 3 countries.   It’s entire point was to increase trade between the 3 countries and there is little question it did.

 

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